Renaissance Capital closes down Tumen and Ufa branches

UrBC, Moscow, August 20, 2010. OOO KB Renaissance Capital is closing down a number of subsidiaries in some Russian regions; the decision was taken by the banks only stakeholder. For one, the banks representations in Ulyanovsk, Orenburg, Saratov, Omsk, Ryazan, Tyumen, Novosibirsk, Nizhniy Novgorod, Samara, Saint Petersburg, Kazan, and Ufa stopped operating recently. In fact, Renaissance Capital had closed several other branches earlier, including the ones that used to run in Yekaterinburg and Perm.